Mahmoud Abbas, the longtime Palestinian Authority president, remains in office amid ongoing domestic pressure for leadership change and institutional renewal. Recent developments include his July 2026 decree scheduling the first Palestinian Legislative Council elections in two decades for November 28, with presidential elections slated for early 2027, alongside an October 2025 constitutional declaration designating Vice President Hussein al-Sheikh as interim successor for up to 90 days pending a vote. Public polling continues to show widespread dissatisfaction, with large majorities favoring his resignation, while Fatah's internal processes and external diplomatic engagement on Gaza and reconciliation have not produced an immediate transition. Traders weigh the uncertain timing of any departure against Abbas's sustained control over key institutions and the procedural hurdles to rapid change.